EU top court picks Intel's side in 1.06 billion EUR antitrust fine battle

Posted on Wednesday, September 06 2017 @ 11:18 CEST by Thomas De Maesschalck
Intel logo
In a major blow to the European Union's competition authority, the EU's top court just backed Intel's appeal of the 1.06 billion EUR antitrust fine that was levied in 2009. At the time, the European Commission concluded Intel handed out illegal rebates to push AMD out of the market.

Now the whole case will need to be re-examined as the European Court of Justice (ECJ) referred the case back to a lower court. The ECJ instructed the General Court to focus on Intel's arguments that these rebates were not anti-competitive. In particular, the ECJ concludes the General Court failed to fully examine whether Intel's rebates had an adverse impact on competition.
“The Court of Justice sets aside the judgment of the General Court, which had upheld the fine of 1.06 billion euros imposed on Intel by the Commission for abuse of a dominant position,” the Luxembourg-based Court of Justice (ECJ) said.

“The case is referred back to the General Court in order for it to examine the arguments put forward by Intel concerning the capacity of the rebates at issue to restrict competition,” the ECJ said.
The landmark decision could have implications for other antitrust cases, including the EU's fight against Google and Alphabet. Reuters suggests the European Commission may be forced to re-examine its tough line in these cases.

About the Author

Thomas De Maesschalck

Thomas has been messing with computer since early childhood and firmly believes the Internet is the best thing since sliced bread. Enjoys playing with new tech, is fascinated by science, and passionate about financial markets. When not behind a computer, he can be found with running shoes on or lifting heavy weights in the weight room.

Loading Comments